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Casino developer and operator Galaxy Entertainment Group (GEG) is planning to complete and launch Phases 3 and 4 of its Cotai Strip property Galaxy Macau by 2018 and 2020, respectively. The company said during a Friday presentation of its annual financial results that the new phases of the massive project will mostly include family-friendly entertainment options and MICE (Meetings, Incentives, Conferences, and Events) facilities.

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A gambling bill passed a Florida House Committee on Tuesday after members voted 11-7 in the affirmative. Sponsored by Rep. Mike La Rosa, the piece basically keeps the current gambling status quo in the state, very much unlike a separate legislation currently being considered in the Senate that calls for a massive gambling expansion.HB 7037 was introduced in mid-February and cleared the House Tourism and Gaming Control Subcommittee shortly after. Here it is important to note that Rep. La Rosa chairs said subcommittee. The legislative piece is next headed to the Commerce Committee. If it clears that hurdle, too, it will then appear before the full House floor.

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The Gold Coast Integrated Resort will feature up to five high-rise towers and a marine parking for jet ski among many other amenities, developer ASF Consortium has revealed to local media.The A$3-billion complex, dubbed Gold Coast’s largest development project in recent history, is planned to be located on a five-hectare site on Gold Coast’s Southport Spit, right next to the Sea World marine animal park.

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An iconic Atlantic City Boardwalk casino will be transformed into a family-friendly resort destination, it became clear on Monday. Real estate developer R&R Development Group is set to buy the shuttered Atlantic Club Casino Hotel for an undisclosed price.

The Atlantic Club’s new owner – Ronald Young – and his real estate development firm are planning to invest over $135 million in renovating the former resort and turn it into a popular non-gambling destination. Mr. Young expressed hopes that 300 rooms of the property’s hotel portion will be opened this fall.

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Security officers at Sheldon Adelson’s Sand casino in Bethlehem made history last week, when they signed a union contract with the casino operator .Last Wednesday, members of the International Union, Security, Police and Fire Professionals of America signed a three-year contract with Sands Casino Resort Bethlehem that will give its security guards an 8 percent pay increase—effective immediately—as well as a seniority structure and a greater say in work rules for its 146 members, The Morning Call reported.

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Casino operator Wynn Resorts  has appointed industry veteran Craig S. Billings as the new chief financial officer. Billings will replace Stephen Cootey starting March 1, the Las Vegas operator said in a statement. Cootey, who held several Wynn financial positions since joining the company in 2014, resigned “to pursue other interests.”

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Macau casino operator Galaxy Entertainment Group(GEG) boosted its 2016 profits by more than half despite only modest gains in gaming revenue. Figures released Tuesday show GEG’s full-year revenue rising 4% to HKD 52.8b (US $6.8b) while earnings rose 18% to HKD 10.3b and net profit shot up 51% to HKD 6.3b ($811.6m). GEG chairman Lui Che Woo called the results “very credible and solid” given the well-publicized challenges of the overall Macau casino market

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Macau casino operator SJM Holdings  had a 2016 to forget, with revenue, profit and market share all in full retreat. Figures released Tuesday show SJM’s gaming revenue falling 14.5% to HKD 41.3b ($5.3b) in 2016, while earnings were off 11.5% to HKD 3.4b and profit slipped 5.6% to HKD 2.3b. SJM’s share of the overall Macau market’s gaming revenue dipped from 21.7% in 2015 to 19.1% last year.

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Casino vessels in Goa have been exempted from the Supreme Court’s recent ban on liquor sales, and they have Google Maps to thank for it.The Supreme Court recently ordered the ban of liquor sale within 500 meters of national and state highways. Casinos operating on the Mandovi River, however, are reportedly not within the minimum distance set by the court, which means it will be business as usual for the offshore vessels.

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